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“The Housing Australia Future Fund (HAFF) is an important initiative from the Federal Government to build 30,000 much need new social and affordable homes,” added Ms Martin.
“HIA is also pleased to see the establishment of ‘Housing Australia’, a new entity to oversee the HAFF and other key programs as part of the housing reform agenda.
“This includes, creating the National Housing Supply and Affordability Council to inform the Government of gaps in the supply of housing and identifying necessary funding and policy decisions to support more homes coming to market.
“The Federal Government recently announced that it wants 1.2 million homes built over five years starting July 2024, as part of its National Housing Accord. This is necessary to begin addressing the long-term shortage of housing supply.
“It is important to recognise that the commitment to supply 30,000 social and affordable homes via the HAFF represents only 2.5 per cent of this aspirational target.
“Broader reforms are required to address the current housing shortages and aid the private sector in enabling the delivery of the targets, these include:
“Without these broader reforms, the pressure on social and affordable housing will remain, and the continued under supply of housing of all forms will only increase,” concluded Ms Martin.
HIA will continue to update you as we receive further advice and information on the ongoing transition from Domestic Building Insurance (DBI) to the First Resort Home Warranty Scheme (FRHWS).
The Housing Industry Association (HIA) has welcomed the decision to extend the lease of CSIRO's North Ryde fire testing facility by six months, saying the announcement provides valuable breathing space but does not resolve the long-term threat to Australia's building product testing capability.
“The strong pipeline of multi-unit dwelling approvals recorded during the second half of 2025 has begun to translate into construction activity,” said Geordan Murray, HIA Executive Director ACT & Southern NSW.
The Housing Industry Association (HIA) has welcomed Leader of the Opposition Angus Taylor and Shadow Minister for Skills and Training Senator Jacinta Nampijinpa Price to the HIA Skills Centre in Darwin this week to meet apprentices and discuss the workforce challenges confronting Australia's residential construction industry.